SFD, International Bosnian Bank sign accord

Riyadh, November 10, SPA -- The Saudi Fund for Development (SFD) and
the International Bosnian Bank have signed an agreement under which
the Bank will get facilities for exporting various national commodities at a cost of $5 million.


The agreement was signed by Director General of the Saudi exports
program at the Fund Ahmad Al-Ghannam and by the Bank's Executive
President A'mir Bokfeik.


Al-Ghannam said the signing of the agreement comes within the
framework of the efforts of the Fund to increase the volume of the
Saudi exports and to activate trade exchanges between the Kingdom of
Saudi Arabia and the fraternal and friendly countries.


He noted that Bosnia constitutes a promising market for Saudi
exports.